News Release: Meridian Sells 9,913 SF Outpatient Clinic in Castro Valley for $7 Million
FOR IMMEDIATE RELEASE: Meridian Sells Outpatient Clinic in Castro Valley for $7 Million SAN RAMON, Calif. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the company has closed escrow on the sale of its 9,913-square-foot outpatient clinic in Castro Valley, Calif. The purchase price […]
News Release: Medistar Corporation and Post Acute Medical Announce Development of PAM Rehabilitation Hospital of Indianapolis
FOR IMMEDIATE RELEASE CARMEL, Ind., May 9, 2019 (Newswire.com) – Medistar Corporation (“Medistar”) and Post Acute Medical LLC (“PAM”) are pleased to announce the development of PAM Rehabilitation Hospital of Indianapolis. This modern 60,000 square foot inpatient rehabilitation hospital will provide comprehensive inpatient and outpatient therapy services for families in Greater Indianapolis and surrounding communities. The […]
News Release: Capital Square 1031 Launches DST Offering of Three Southern California Medical Office Buildings with Guaranteed, Absolute Net Leases
Offering seeks to raise up to $10,728,000 in total equity from accredited investors and has a $25,000 investment minimum LOS ANGELES (May 9, 2019) – Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust (DST) offerings, announced today the launch of CS1031 So Cal MOB, DST. The Reg. […]
News Release: Physicians Move into 250,000 sq. ft. Medical Office Building on June 3, Completing Sutter Health’s New Van Ness Campus in San Francisco
10-story facility integrates outpatient services with nearby hospital care NEWS PROVIDED BY Sutter Health May 08, 2019, 15:31 ET SAN FRANCISCO, May 8, 2019 /PRNewswire/ — Sutter Health today announced the June 3 opening of Sutter Pacific Medical Foundation’s (SPMF) Van Ness and Geary medical office building (or MOB) at 1100 Van Ness Ave. The building, owned by Pacific Medical Buildings, is a 10-story, […]
News Release: Bear Real Estate Advisors Represents Capital Square 1031 in Acquisition of New Memory Care Facility in Greater Houston
HOUSTON – (May 8, 2019) – Bear Real Estate Advisors, a real estate investment services firm, announced today that it represented Capital Square 1031 in the investment sponsor’s acquisition of a new, 10,000-square-foot Class A memory care facility in greater Houston. “Completed in April of this year, the property’s new construction, coupled with the rising […]
News Release: St. Cloud (Fla.) Regional Medical Center Continues To Expand With New Medical Office Building
May 8, 2019 St. Cloud (Fla.) Regional Medical Center is finalizing plans to break ground on a new on-campus, ambulatory Medical Office Building in May. The approximately 50,000 square feet, two-story building will be constructed on the corner of U.S. Highway 192 and Budinger Ave. in St. Cloud, Fla. It is expected to take approximately 12 […]
News Release: Meridian Names Real Estate Veteran Awais Mughal as Senior Vice President of Acquisitions
FOR IMMEDIATE RELEASE: SAN RAMON, Calif. – Meridian, a full-service real estate developer and owner of commercial real estate, announced today that industry veteran Awais Mughal has been hired as Senior Vice President of Acquisitions. Mughal will be based in Meridian’s San Ramon headquarters located at 2420 Camino Ramon, Suite 215 and will lead […]
News Release: Anchor Health Properties Sources Premier Class A Franklin, Tennessee Asset
FOR IMMEDIATE RELEASE May 6, 2019 (Wilmington, DE) Anchor Health Properties (Anchor) a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, is pleased to announce the closing of a 68,485 square foot, three-story, campus adjacent Class A outpatient medical office building in Franklin, Tennessee. Anchor Health Properties sourced […]
News Release: Transwestern brokers sale of 138,373 sf Northwest Medical Portfolio in Houston
(May 6, 2019 – Houston) – Transwestern Commercial Services (TCS) today announces it brokered the sale of Northwest Medical Plaza I and III in Houston. The properties, totaling 138,373 square feet, were purchased for an undisclosed amount by Dallas-based Altera Development Company LLC. TCS Executive Vice President Justin Brasell, Vice President Sarah Carter and Senior […]
News Release: Welltower Expands Leadership Team in Investments
5/6/2019 9:08:06 AM Ayesha Menon Edward Cheung TOLEDO, Ohio, May 6, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that Ayesha Menon and Edward Cheung have joined the Company as Senior Vice Presidents of Investments. “I am very pleased to welcome Ayesha and Edward to Welltower,” said Tom DeRosa, Welltower’sChief Executive Officer. “The expertise and talent that these individuals bring to their respective roles […]
News Release: Echo Development Group, Inc. Acquires Medical Building for Behavioral Health Clinic Build-to-Suit Redevelopment
FOR IMMEDIATE RELEASE Akron, OH (May 6, 2019) – Echo Development Group, Inc. announces it has acquired an existing medical building in partnership with BrightView – an outpatient addiction medicine practice based in Cincinnati, OH. The property is located at 999 North Main Street in Akron, OH (approximately 3 miles north of the downtown CBD), […]
News Release: Just Closed – Senior Housing JV Equity and Debt
Cadence Capital Partners Healthcare Real Estate Group secures debt & equity capital for senior housing development Cadence Capital partners is pleased to announce the closing Of the joint venture equity and construction financing for the development of a Class A, 165-unit, independent, assisted, and memory care community in St. Petersburg, Florida. Cadence worked on behalf […]
News Release: National construction costs on the rise: Rider Levett Bucknall releases latest report
Rider Levett Bucknall Takes the Pulse of Construction Costs in Latest Quarterly Report International property and construction consultancy firm, Rider Levett Bucknall (RLB), has released its latest Quarterly Cost Report (QCR) for North America. With data current to January 1, 2019 and featuring construction cost information on 14 markets, it provides a statistical view of […]
News Release: Amenity-Rich, Mixed-Use Design will Further Connect World’s Largest Medical Complex
May 01, 2019 Houston – Transwestern Development Co. (TDC®) today announces it has been selected to provide development services for the transformational TMC3 Campus by the Texas Medical Center (TMC) and the project’s Founding Institutions: Baylor College of Medicine, Texas A&M Health Science Center, University of Texas Health Science Center at Houston, and University of Texas MD Anderson Cancer Center. […]
News Release: Just Closed :: Greenleaf Center Portfolio
Sale Date: 4/3/2019 Portfolio Size: 197,385 SF % Leased: 93% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Greenleaf Center Portfolio (the “Portfolio”), located in Gurnee, Illinois. Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley partnered with Kevin Segerson in the Illinois market to act as the […]